2. Types of common stock True or False: To segment the rights to which certain common shareholders are entitled, companies often separate common equity into more than one class of shares called classified stock. False O True Consider this case: Mario Hathaway is a majority shareholder of Wizard Inc. He owns Class A shares, with larger-than-proportionate voting rights, of Wizard Inc. Based on this example, which of the following statements is true? O Classified shares are not issued with the purpose of providing super voting rights to a certain class of investors. O Classified shares are issued to provide super voting rights to a certain class of investors